business & economy
Target on Thursday rolled out a partnership with five, upscale boutique retailers, it's latest step into the world of high-fashion and high-tech, and a bid to better compete with rivals, like Walmart.
As car manufacturers gather in Detroit for the North American International Auto Show, the definite focus is on the remarkable recovery the American automakers have made in the past couple years.
Rather than ship business to China, more U.S. high tech companies are choosing to setup up factories just across the U.S. border in Mexico. Low-tech businesses have been doing it for decades, but the new arrivals are decidedly different.
More positive economic news on Friday as the Department of Labor announced that unemployment had reached its lowest level in three years and the economy had added 200,000 jobs.
Lake Kivu has long sustained Rwanda with its fish. The new hope is that the lake, which is heavily saturated with methane and carbon dioxide, will produce the sorts of energy supplies that could make it easier to get power in the country.
Fiat, the majority owner of Chrysler, is hoping that its Fiat 500 will make a big splash in the United States and erase all memory of the Fiat Brava, a 1980s effort to break into the U.S. market that went down in flames.
Off the coast of Africa, Nigerian villagers are confronted with a spreading problem: an oil spill and no one will accept responsibility. The villages, heavily dependent on fishing, have seen their boats damaged and many fish have been killed.
In Fort Dodge, Iowa, a South Korean company is bringing a factory to town. Across the U.S. Midwest, communities are trying to lure foreign investment to get economies going again.
Spanish officials say the country loses a lot of economic productivity when it has holidays fall during the middle of the week. To combat that, they're going to try moving all holidays to Mondays.
Newton, Iowa, used to be the washing machine capital of the world. Then Maytag shut its doors and now the community is trying to figure out how it will revive its economy and add jobs.